Stamp duty paid for new purchase of house will available under deduction & under which section?
Answers: The stamp duty paid will qualify for rebate under Section 88 in the year in which it is paid. The rebate is to be claimed in the year of payment in accordance with Section 88(2)(xv)(d).
It is not aviable for deduction . It is added to the cost of house purchase.
Is you house close to or far away from your neighbors?
Answers: About 500 feet in the back, and the same in the front. About 100 feet on each side. I live in a city, so it is hard to get "away", but I have lots of trees.
I live in Goldilocks's dream house. It's not too far and not too close. It's just right.
Of course, God placed me between the two best neighbors a family could dream of, so that makes it all so.
Our lot is about a quarter of an acre (a bit less) and a little pie shaped - Big back yard for the kids to play, small front yard for me to make presentable (how nice is that!) The house on the left is about ten feet from our house, and the house on the right is about 40 feet away. Our back fence is about 120 feet from the next back fence.
We have fenced in yards in our subdivision, but with the great neighbors I have, it would be OK with me to take them down.
I live at the end of a dead end road, neighbors are fairly close, but not close enough to tell what I'm cooking for dinner. They are all nice people, so it is just fine. The rental next door has been vacant for months, so that is great!
Is in a minute a correct time to buy to permit?
My younger brother is thinking of buying a 2 bed, 3 year old flat contained by the village we live contained by in Leicestershire to rent out.Is in a minute a good time for him to do this?
Cheers.
Answers: I contemplate it is a good time as long as your brother feel there is demonstrability of income for himself from a job and that the concede on the rental can get to 5%+. If this is the suitcase with the interest as they stand, he should be nontoxic with interest charges for the subsequent year as they are more likely to move about up rather than down. Also immediately is a good time to negotiate prices aggressively.
Only god who know this is bad time or accurate time ..
we can't predict it
When interest rates are on the rise it is a good time to buy investment property to rent out. Less ethnic group who can afford to buy means more renters looking for a place to live. Simple economics!
solitary if he can buy cheap.